The government admitted Tuesday that it will soon draft new economic stimulus measures based on a plan being worked out by the ruling Liberal Democratic Party.
The stock market yawned at the news, the key index dropping 262.44 points to 16,606.39. The fall in the Tokyo Stock Exchange’s Nikkei average was in response to an announcement Monday that the plan will contain no new income tax cuts this year.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.